Relationship to bring insurance innovation and business transformation to the Life & Annuity and Group insurance market
Capgemini today announced it has signed an alliance partner agreement with Majesco, a core insurance software provider for insurance business transformation. In the agreement, Capgemini will bring its extensive insurance innovation, customer service and digital capabilities to implementations of the Majesco Life & Annuity (L&A) and Group Core Suite for insurance carriers in the life, annuity, group, worksite, and voluntary benefits market, helping them to achieve speed to value.
“Disruption is creating unprecedented growth and innovation opportunities in the insurance industry,” said Seth Rachlin, Chief Innovation Officer for Insurance, at Capgemini. “Customer expectations are moving insurers rapidly to a new generation of digitally superior insurance which requires continuous innovation to acquire and retain customers, introduce products faster, improve efficiency, and reduce costs.”
Capgemini already has implementations underway of the Majesco L&A and Group Core Suite, which includes policy, billing, and claims modules. Capgemini is teaming with Majesco to provide business and systems transformation capabilities along with implementation, integration, conversion, and testing services to group and individual insurers.
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